Secretary Kenneth C. Holt Maryland Department of Housing and Community Development HOPE Grantees Quarterly Meeting Secretary Kenneth C. Holt Deputy Secretary Ellington Churchill, Jr. Maryland Department of Housing and Community Development Wednesday, September 30, 2015

Secretary Kenneth C. Holt Maryland Department of Housing and Community Development 2 TODAY’S AGENDA Welcome and Introductions HOPE Team Updates Presentation – Homeowner’s and Renter’s Tax Credit Program Break Legal Partners Panel Lunch & Video Presentation DHCD-CDA Updates Public Hearing on Methods for Restoring Equity to Underwater Homeowners

Secretary Kenneth C. Holt Maryland Department of Housing and Community Development 3 HOPE TEAM MEMBERS Stuart P. Campbell Director, Community Programs Karen Ashby Assistant Director, Community Programs

Secretary Kenneth C. Holt Maryland Department of Housing and Community Development 4 HOPE TEAM MEMBERS Angela Fraser Project Manager, Community Programs Jequetta Owens Program Coordinator, Community Programs

Secretary Kenneth C. Holt Maryland Department of Housing and Community Development 5 HOPE TEAM UPDATES NFMC Client Files Foreclosure Data

Secretary Kenneth C. Holt Maryland Department of Housing and Community Development 6 NFMC CLIENT FILES Checklist for Individual Client Files Intake Form – Print from CMS or HOPE LOAN PORT Signed – Foreclosure Mitigation Client Authorization Form Signed – Combined Privacy Act Notice and Disclosure including NFMC Making Home Affordable (MHA) Program Eligibility Determination Client Budget Written Action Plan Verified Budget Budget Verification Documentation Close Out Documentation Form

Secretary Kenneth C. Holt Maryland Department of Housing and Community Development 7 NFMC CLIENT FILES The following forms are available on the Resources for Housing Counselor’s page of the MD HOPE website Sample Client Satisfaction Survey Form Sample NFMC Intake From NFMC: Making Home Affordable – Outreach & Intake Project NFMC: Events of Default and Remedies Policy NFMC Action Plan Template NFMC Quality Control and Compliance Worksheet Sample Authorization form & Privacy Statement National Industry Standards Code of Ethics MD DHCD NFMC Required Documentation MHA Checklist

Secretary Kenneth C. Holt Maryland Department of Housing and Community Development 8 FORECLOSURE DATA In Maryland, second quarter foreclosure activity edged up by 0.8% from the preceding quarter to 12,089 events. Attributed, in part, to an uptick in lender purchases caused by lenders taking back inventory that were not sold at auction. New foreclosure filings declined 2.8 % in the second quarter and by 1.6% below the same period last year. Foreclosure sales also fell in the second quarter by 10.2%, as lenders continue to clear out protracted delinquent loans. On an annual basis, foreclosure sales increased 7.2%. Source: Property Foreclosures in Maryland, Second Quarter DHCD Housing and Economic Research Office,

Secretary Kenneth C. Holt Maryland Department of Housing and Community Development 9 FORECLOSURE DATA Despite the monthly fluctuations, property foreclosure activity in Maryland is expected to trend downward in the coming quarters, due to improvements in the greater economy, as well as, strong housing market indicators.

Secretary Kenneth C. Holt Maryland Department of Housing and Community Development 10 FORECLOSURE DATA

Secretary Kenneth C. Holt Maryland Department of Housing and Community Development 11 FORECLOSURE DATA Very

Secretary Kenneth C. Holt Maryland Department of Housing and Community Development 12 FORECLOSURE DATA

Secretary Kenneth C. Holt Maryland Department of Housing and Community Development 13 FORECLOSURE DATA

Secretary Kenneth C. Holt Maryland Department of Housing and Community Development 14 FORECLOSURE DATA

Secretary Kenneth C. Holt Maryland Department of Housing and Community Development 15 FORECLOSURE DATA

Secretary Kenneth C. Holt Maryland Department of Housing and Community Development 16 Video Presentations & Discussion Counseling Older Adults “Aging in Place” - NeighborWorks America Indiana Indiana “Transform Aging through Villages of Seenagers” – Yasmin Shah, Tedx Americans Finest City

Secretary Kenneth C. Holt Maryland Department of Housing and Community Development Thank You for Joining Us Today Secretary Kenneth C. Holt Maryland Department of Housing and Community Development Wednesday, September 30, 2015